Hi, mooers!
The U.S. Federal Reserve is scheduled to hold an FOMC meeting and press conference on December 18. This will be the last FOMC meeting in 2024.
On December 11, the U.S. Bureau of Labor Statistics released the latest CPI data. The consumer price index showed a 12-month inflation rate of 2.7%, increasing 0.3% monthly. The annual rate was 0.1 percentage points higher than in October. Given the current inflation rate,...

Portfolio diversification is the strategy of spreading investments across different assets, sectors, industries, and geographical regions to reduce the overall risk of the portfolio. The idea is that by holding a variety of investments, the overall performance of the portfolio will be less dependent on the performance of any single investment, reducing the risk of large losses.
Why is Portfolio Diversification Important?
1. Risk Reduction:
Diversification...

Blockchain technology is a decentralized, distributed ledger system that records transactions across multiple computers in a way that ensures security, transparency, and immutability. Unlike traditional databases, where a central authority controls the data, a blockchain is a peer-to-peer network that enables participants to verify and record transactions without the need for a trusted intermediary (like a bank or government).
At its core, bloc...

The much-anticipated rate cut decision has finally arrived, with the Federal Reserve announcing a 50 basis point rate cut! At this pivotal moment, investors need to have a deeper understanding of the background and impact of rate cuts.
Since March 2022, in a bid to curb inflation, the Fed has hiked rates 11 times, bringing it to the current range of 5.25%-5.50%. Now that inflation is under control, the calls for a rate cut are growin...

long hold